2-bedroom flat · LN11 0FD
Sold STCReduced £10k (−10%) on 1 OctListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the popular market town of Louth is this very well presented top floor two-bedroom flat benefitting from its own private parking space and being positioned just a short walk to local amenities and the town centre.
Internally, the property is neutrally decorated and finished to a high standard benefitting from a new modern kitchen with appliances, two smart bathrooms, one being en suite to the master bedroom and a further second double bedroom.
A large and bright open plan lounge diner benefits from having a peaceful outlook overlooking the Louth canal with views across roof tops of this historic market town.
Lobby Area The lobby area is accessed from entrance door and reveals a neutral decor decor which sets the theme for the rest of the property.
Entrance Hall The hallway has a wall mounted electric heater, carpeted floor and storage cupboard.
Lounge/Diner (18' 6'' x 9' 7'' (5.65m x 2.93m)) The lounge-diner has a uPVC window to the rear elevation, electric wall mounted heater and a carpeted floor to the lounge and laminate flooring to the dining side.
Kitchen (9' 2'' x 5' 11'' (2.80m x 1.80m)) The kitchen has a uPVC window to the rear elevation and a stunning fitted kitchen with base and eye level units.
There is also an integral electric oven and hob with extractor over and a stainless steel sink and drainer with mixer tap.
To complete the kitchen there is plumbing for a washing machine and complimentary tiling.
Bedroom One (14' 4'' x 8' 8'' (4.38m x 2.64m)) Bedroom one has a uPVC window to the rear elevation, carpeted floor and electric wall mounted heater.
En-Suite (3' 10'' x 8' 8'' (1.17m x 2.64m)) The en-suite has a modern three piece suite with a fully tiled shower cubicle with electric Mira shower, complimentary tiling and heated towel rail.
Bedroom Two (10' 1'' x 7' 10'' (3.07m x 2.38m)) Bedroom two has a uPVC window to the rear elevation, carpeted floor, access to the loft and a wall mounted heater.
Bathroom (6' 4'' x 5' 7'' (1.94m x 1.69m)) The bathroom has a modern, white three piece suite with complimentary tiling, vinyl flooring, a heated towel rail and extractor.
Outside Externally there is an allocated parking space for one vehicle.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 13, Mallard Ings, Louth
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